Creditors can expect 100% recoveries under IBC: IBBI chief1 min read 06 Jun 2019, 06:05 PM IST
Insolvency board chief says IBBI is seeing active firms coming to the IBC system and expects 100% recovery for the creditors
IBBI chief estimates NPAs linked to banks at ₹10 trillion
Singapore: Creditors can expect 100% recoveries from their client companies going under the Insolvency and Bankruptcy Code (IBC) process for resolving cases of stressed assets and non-performing assets.
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